PUBLISHER: BCC Research | PRODUCT CODE: 1517506
PUBLISHER: BCC Research | PRODUCT CODE: 1517506
The global market for recombinant proteins is estimated to increase from $132.4 billion in 2023 to reach $203.6 billion by 2029, at a compound annual growth rate (CAGR) of 7.5% from 2024 through 2029.
The North American market for recombinant proteins is estimated to increase from $50.2 billion in 2023 to reach $74.3 billion by 2029, at a CAGR of 6.7% from 2024 through 2029.
The Asia-Pacific market for recombinant proteins is estimated to increase from $30.3 billion in 2023 to reach $50.7 billion by 2029, at a CAGR of 9.2% from 2024 through 2029.
This report covers the current and future global market for recombinant proteins, including a detailed analysis of the market's drivers, restraints and opportunities. The report also covers market projections for 2029, the market's competitive environment and companies' pipeline activities. The report delivers market estimates and forecasts for recombinant proteins categorized according to product type, host cell type, application, and region. Based on product type the market is segmented into hormones, cytokines, enzymes, antigens, antibodies, and others. Based on the host cell type, recombinant proteins are categorized as mammalian, insect, yeast and fungi, bacterial, and other cell types. The market is segmented by application into therapeutics and vaccines, biomedical research, and diagnostics. The report includes the company profiles of the key players, with detailed information about their business segments, financials, product portfolios, and recent developments. The report does not cover proteins produced through hybridoma techniques. The report also excludes COVID-19 vaccines based on recombinant technology.
By geographical region, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Regional analysis is further broken down by country as follows: North America-the U.S. and Canada; Europe-Germany, the U.K., France, Italy, and the Rest of Europe; Asia-Pacific-China, Japan, India, and the Rest of Asia-Pacific. For market estimates, data have been provided for 2021 and 2022 as the historic years, 2023 as the base year, and a forecast through 2029.